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REGISTERED NUMBER: 11403536 (England and Wales)















ASHLEN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023






ASHLEN LIMITED (REGISTERED NUMBER: 11403536)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company information 1

Balance sheet 2

Notes to the financial statements 3


ASHLEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







Directors: Mr A R George
Dr H J George





Registered office: 2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR





Registered number: 11403536 (England and Wales)





Accountants: Roberts & Co
Chartered Accountants
2 Tower House
Hoddesdon
Hertfordshire
EN11 8UR

ASHLEN LIMITED (REGISTERED NUMBER: 11403536)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £ £ £ £
Fixed assets
Investment property 4 111,000 111,000

Current assets
Debtors 5 1,088 25
Cash at bank 741 920
1,829 945
Creditors
Amounts falling due within one year 6 78,063 52,063
Net current liabilities (76,234 ) (51,118 )
Total assets less current liabilities 34,766 59,882

Creditors
Amounts falling due after more than one
year

7

66,930

83,230
Net liabilities (32,164 ) (23,348 )

Capital and reserves
Called up share capital 100 100
Retained earnings (32,264 ) (23,448 )
Shareholders' funds (32,164 ) (23,348 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 March 2024 and were signed on its behalf by:




Mr A R George - Director



Dr H J George - Director


ASHLEN LIMITED (REGISTERED NUMBER: 11403536)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. Statutory information

Ashlen Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4. Investment property
Total
£
Fair value
At 1 July 2022
and 30 June 2023 111,000
Net book value
At 30 June 2023 111,000
At 30 June 2022 111,000

Fair value at 30 June 2023 is represented by:
£
Valuation in 2022 (4,424 )
Cost 115,424
111,000

5. Debtors: amounts falling due within one year
2023 2022
£ £
Trade debtors 408 25
Other debtors 680 -
1,088 25

ASHLEN LIMITED (REGISTERED NUMBER: 11403536)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


6. Creditors: amounts falling due within one year
2023 2022
£ £
Other creditors 78,063 52,063

7. Creditors: amounts falling due after more than one year
2023 2022
£ £
Bank loans 66,930 83,230

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 66,930 83,230